Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

657.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 855.00p
  • 52 Week Low: 523.50p
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 131,025
  • Market Cap: £426.63m
  • RiskGrade: 183

Liontrust Asset Management posts drop in full-year profits, keeps divi stable

By Alexander Bueso

Date: Wednesday 21 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Liontrust Asset Management posted lower full-year profits but the dividend payout was steady even as the firm looked to expand.
"The business is in strong health despite the challenges of the past year and we are seeking to build on this through the proposed acquisition of GAM Holding AG to accelerate the strategic aims of Liontrust becoming a specialist global investment manager," the firm's boss, John Ions, said.

"Growing a business is never a smooth line upwards as we have seen recently. The opportunities for Liontrust are clear, however, and we are confident that we have the investment capability, distribution, brand, business processes and commitment to take advantage of them."

For the year ending on 31 March, the specialist fund management group reported a 10% drop in its adjusted profit before tax to reach £87.1m or a 31% drop to £49.3m in unadjusted terms.

Earnings per share meanwhile printed at 109.8p or down by 14%.

In parallel, the firm posted full-year net outflows of £4.8bn, in comparison to £2.5bn of inflows during the preceding year.

Assets under management and administration as of 16 June stood at £30.5bn.

A second interim dividend of 50.0p per share was announced, taking the total payout for the year to 72.0p., which was unchanged from the year before.

As of 0941 BST, shares of Liontrust were dropping by 2.21% to 751.50p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LIO Market Data

Currency UK Pounds
Share Price 657.00p
Change Today -8.00p
% Change -1.20 %
52 Week High 855.00p
52 Week Low 523.50p
Volume 131,025
Shares Issued 64.94m
Market Cap £426.63m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average
Price Trend
1% below the market average1% below the market average1% below the market average1% below the market average1% below the market average
3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average
Income
65.74% above the market average65.74% above the market average65.74% above the market average65.74% above the market average65.74% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Growth
4.54% below the market average4.54% below the market average4.54% below the market average4.54% below the market average4.54% below the market average
2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 1
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LIO Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 04-Jul-24 23-Nov-23
Paid 09-Aug-24 05-Jan-24
Amount 50.00p 22.00p

Trades for 19-Jul-2024

Time Volume / Share Price
16:03 0 @ 655.00p
16:03 0 @ 655.00p
16:03 0 @ 655.00p
16:03 0 @ 655.00p
15:38 7 @ 653.00p

LIO Key Personnel

CEO John Stephen Ions

Top of Page